Posts tagged #managing director
All PostsOusting Managing Director after Shareholder Dispute
Civil LawIn a recent decision, the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) considered the circumstances in which a shareholder-managing director may be removed by court order for good cause. The case centred on a longstanding family dis...
Death of a GmbH Managing Director: No General Contingency Duty
Civil LawIn a recent decision, the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) examined whether the sole shareholder and managing director of a GmbH is required to make contingency arrangements in anticipation of their sudden death. The cas...
Managing Directors Not Obliged to Arrange Preparations in Case of Sole Shareholder-Director's Death
Civil LawThe unexpected death of a sole shareholder and managing director presented a limited liability company (GmbH) with considerable organisational challenges, which is why the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) considered the ...